Ticker: USO | Published: 2026-09-24
Tariff threat lifts crude
Crude is rallying sharply as the threatened US tariffs on India's purchases of Russian oil raise the prospect of that supply being pushed out of the market, outweighing headlines about restored Saudi supply easing scarcity.
Sources: https://news.futunn.com/en/post/1000140947/with-the-threat-of-100-tariffs-looming-india-s-trade, https://www.riotimesonline.co